Here's Everything You Should Know About Roth IRAshttp://www.businessinsider.com/to-know-about-roth-iras-2013-2/comments
en-usWed, 31 Dec 1969 19:00:00 -0500Tue, 03 Mar 2015 16:22:21 -0500Dan Caplingerhttp://www.businessinsider.com/c/511e89426bb3f7da0c000007Careful with those ConversionsFri, 15 Feb 2013 14:15:14 -0500http://www.businessinsider.com/c/511e89426bb3f7da0c000007
Opening a new oth IRA from scratch is more straightforward than converting an existing regular IRA to a Roth.
I converted a number of years ago, during a rough patch for US equity markets, and got hit pretty hard with tax bills for the following three years, as the total in the account actually sank.
Anyone considering a conversion should careful analyse the taxes consequences before deciding.http://www.businessinsider.com/c/511e6452ecad04ec5800000fjohnny ringoFri, 15 Feb 2013 11:37:38 -0500http://www.businessinsider.com/c/511e6452ecad04ec5800000f
wow, this is really everything i needed to know. thankfully there are no income limits. or maximum contribution amounts. or age / work requirements. or penalties for early withdrawal. wow, great stuff!http://www.businessinsider.com/c/511e624669bedd142d00000dLEBADMANFri, 15 Feb 2013 11:28:54 -0500http://www.businessinsider.com/c/511e624669bedd142d00000d
much more important to think: how young am I? compounding interest over a long long time makes his point on tax rates moot. regardless of the tax rate 50 years from now, an 18 year old has lots of incentive to still place $$ in a Roth. Even a 5% tax on a $1mm account is more than the petty tax paid on $5.5K now. think longevity not tax rates.http://www.businessinsider.com/c/511e61fa6bb3f7704500000cSammyFri, 15 Feb 2013 11:27:38 -0500http://www.businessinsider.com/c/511e61fa6bb3f7704500000c
Does business insider just copy and paste every article it produces on this site? Can we get some real journalism here?